PM Kisan Samman Nidhi Yojana is a scheme initiated by the Central Government of India aimed at providing financial assistance to farmers across the country after every four months. It was launched in February 2019 with the objective of enabling small and marginal farmers with income support to give impetus to agriculture and allied activities.
PM Kisan Samman Nidhi Yojana: Beneficiaries
The scheme is aimed at providing direct cash transfers to eligible farmers in the country to meet their agricultural-related expenses. The following are the beneficiaries of the scheme:
1. Small and Marginal Farmers
The scheme is aimed specifically at small and marginal farmers who are dependent solely on agriculture as a source of income. These farmers have cultivable land that is not exceeding two hectares. They will receive Rs 6,000 per year in three equal installments of Rs 2,000 each.
2. Direct Benefit Transfer (DBT)
Under the PM Kisan Samman Nidhi Yojana, the Government of India has decided to transfer the benefit amount directly to the bank accounts of the eligible beneficiaries. Farmers who have been registered under the scheme will receive the amount paid in installments through the Direct Benefit Transfer (DBT) mode.
3. Jan Dhan Accounts
If a farmer does not have a bank account, then he or she can apply for the ‘Jan Dhan’ accounts that have been opened under the Pradhan Mantri Jan Dhan Yojana. By applying for such an account, the eligible farmer can avail himself or herself of the benefits of the PM Kisan Samman Nidhi Yojana.
4. Women Farmers
Women farmers who are eligible for the scheme will also receive the benefit amount under the PM Kisan Samman Nidhi Yojana. Women who have applied for the scheme will be given priority and receive the benefit amount without any delay.
Conclusion
In conclusion, the PM Kisan Samman Nidhi Yojana is a scheme through which small and marginal farmers can receive financial assistance from the Central Government of India. The aim of the scheme is to enable these farmers to meet their agricultural requirements and to enhance productivity. The beneficiaries of this scheme are those who are dependent on agriculture and do not have any other source of income. Farmers who have received the benefit amount under this scheme have expressed their satisfaction with the government initiative, which has come as a respite to them. The scheme is expected to change the fortune of many small and marginal farmers in the country.